RBI calls for more disclosure



Governor of the Reserve Bank of India, Yaga Venugopal Reddy, wants to see more corporates disclose their forex and derivatives exposure. During an address to the Federation of Indian Chambers of Commerce and Industry - Indian Banks Association (FICCI-IBA) conference in Mumbai, Reddy said: "While the banks' risk exposures and their risk management strategy is usually an item of public disclosure, there is a corresponding need for corporates to also make adequate disclosures regarding their ri

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